Global consulting firm Boston Consulting Group (BCG), and CarbonCapture (CarbonCapture), announced a partnership that covers both BCG’s purchase of CarbonCapture’s atmospheric carbon dioxide removal services and support for CarbonCapture’s business strategy through BCG’s management consulting services.
The 40,000-ton carbon removal agreement with CarbonCapture will span a five-year period, supporting BCG’s commitment to achieve net zero climate impact by 2030. This represents the second largest publicly announced global direct air capture (DAC) offtake deal by volume, and the largest in the professional services industry globally.
CarbonCapture’s technology platform offers multiple benefits, including unique modular hardware that can be mass-produced and an open architecture that enables the optimisation of sorbents (materials used to absorb or adsorb liquids or gases), across different climates.
CarbonCapture is also currently developing Project Bison, a large DAC facility in Wyoming that will include a phased rollout plan to capture and store five million tons of atmospheric carbon dioxide per year by 2030.
“We’re extremely pleased to be working closely with BCG. They’re not only providing exceptional thought leadership in the sustainability and carbon removal space,” said Adrian Corless, CarbonCapture’s CEO and CTO, “they’ve also stepped up and shown their commitment to the DAC industry by making a major purchase of carbon removal credits.”
David Webb, BCG’s chief sustainability officer added: “Carbon dioxide removal is critical to achieve net zero emissions globally, and DAC is a very promising technology. Rapid innovation and scaling are needed to help reach its future potential. This requires early investment and long-term corporate commitments today. BCG is committed to this effort, and we are pleased to partner with CarbonCapture to make it happen.”